Aug 18, 2021 09:02 PM IST
RK Damani has been placed at the 98th spot in the list compiled by Bloomberg Billionaires Index. In the past year, he was placed at the 117th spot.
- Jul 14, 2021 09:30 AM IST
The airlines business is a difficult one but the legendary investor may have good reasons to do it now, motivated by the success of another investor turned businessman
- Jun 03, 2021 10:17 PM IST
DMart, a retail chain owned by billionaire Radhakishan Damani, goes on property acquisition spree during COVID-19 as retailers look to increase footprint taking advantage of subdued real estate prices.
- Apr 07, 2021 05:26 PM IST
Such mega-deals of Rs 1,000 crore are usually one-off, aspirational transactions, which do not reflect market trends, particularly when the city is battling the second wave of the pandemic and stamp duty concessions have been withdrawn, but experts say there may be deals of more than Rs 100 crore from time to time.
- Apr 03, 2021 06:55 PM IST
At Rs 1.6 lakh per sq ft for the 5,752 sq m house, the Damani brothers paid a total of Rs 1,001 crore.
- Mar 31, 2021 07:40 AM IST
The company’s shares have risen remarkably since it was listed four years ago but many experts say this is only the beginning as it still has an upside for decades, though it will face short-term volatility and growing competition.
- Jan 05, 2021 10:01 AM IST
Improving earnings outlook, strong order book and strengthening balance sheet to keep Astra Microwave stock in the limelight
- Aug 07, 2020 10:01 AM IST
Karur Vysya Bank fell more than 40% so far in the year 2020, and Prozone Intu Properties fell by about 20%. On the other hand, Birlasoft rose 70% while Vaibhav Global rallied by about 90% in the same period.
- Jul 16, 2020 12:58 PM IST
Experts point out select mid and smallcaps look good for medium to long term horizon. They name about 20 favourite stocks
- Jul 10, 2020 01:56 PM IST
In a BSE release on July 10, Astra Microwave said Damani bought 8,96,387 shares of the company during the June quarter.
- Apr 14, 2020 10:05 AM IST
For investors who are holding the stock should hold on to the stock, and keep accumulating the stock on every dip, because D-mart has a unique business model.
- Apr 10, 2020 09:42 AM IST
Very rarely, in the Indian markets, do we get a company with so many positive attributes
- Apr 08, 2020 01:00 PM IST
At a time when most of the midcaps are reeling under pressure, DMart stands out with an outperformance of more than 20 percent, so far, in 2020.
- Mar 12, 2020 11:58 AM IST
The government is keen on involving private equity (PE) to keep the ‘nationalisation’ tag away from the Yes Bank rescue
- Feb 18, 2020 03:48 PM IST
One of the country's largest supermarket chains, 200 DMarts operate across India currently
- Feb 15, 2020 01:01 PM IST
Damani and family saw their wealth upsurge by close to $96 million as Avenue Supermarts' shares peaked at Rs 2,559 apiece on February 13
- Feb 05, 2020 06:27 PM IST
Veteran stock market investor Radhakishan Damani-led Avenue Supermarts, which operates supermarket chain DMart, has approved the launch of a qualified institutional placement (QIP) by the promoters.
- Dec 06, 2019 10:28 PM IST
Based on the closing price on December 6, this (5.2 percent stake) would be worth around $823 million.
- Nov 14, 2019 08:19 AM IST
Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 22 points gain or 0.19 percent. The Nifty futures were trading around 11,887-level on the Singaporean Exchange.
- Aug 03, 2018 02:50 PM IST
Given its robust fundamentals and its management's strong execution capabilities, the company should be able to sustain its premium valuations
- May 18, 2018 03:03 PM IST
"Radhakishan Shivkishan Damani, one of our promoters, has conveyed to us his intention to sell the equity shares...of the company to enable us to comply with the requirements of minimum public shareholding," Avenue Supermarts said in a BSE filing.
- Feb 20, 2018 09:32 AM IST
Derive Investments has bought 26.5 lakh equity shares of the company at Rs 144.5 per share through block deals on Monday, as per bulk deal data on the National Stock Exchange.
- Apr 10, 2017 08:01 PM IST
The scrip of newly-listed firm gained 3.33 percent to end at Rs 775.50 on BSE. During the day, it soared 7.5 percent to Rs 806.80.
- Mar 23, 2017 01:05 PM IST
Despite being the poster boy of organized retail, Future Retail’s operational efficiency is nowhere close to that of D-Mart’s.
- Mar 22, 2017 03:31 PM IST
With the listing at a premium of over 114 percent, the shares controlled by 61-year-old Damani, including through his family members and investment firms, are now worth a stellar USD 5.1 billion.